Common use of General Duties and Compensation Clause in Contracts

General Duties and Compensation. 3.1 For the performance of his obligations under this Agreement, the Company shall pay the Consultant a fee of Euro 4.500 per month, assuming an average of 4 days/month of activity. If additional work will be required, and only with formal prior approval from Company, a daily fee of Euro 1500 will be applied. In addition, the Company shall reimburse the Consultant for reasonable and necessary expenses incurred in connection with his providing of consulting services (for example travelling, hotel expenses and other miscellaneous expenses) and with respect to which the Consultant promptly provides to the Company a detailed expense account

Appears in 2 contracts

Samples: Consulting Agreement (Gain Therapeutics, Inc.), Consulting Agreement (Gain Therapeutics, Inc.)

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General Duties and Compensation. 3.1 For the performance of his obligations under this Agreement, the Company shall pay the Consultant a fee of Euro 4.500 per month, assuming an average of 4 days/month of activity. If additional work will be required, and only with formal prior approval from Company, a daily fee of Euro 1500 will be applied. In addition, the Company shall reimburse the Consultant for reasonable and necessary expenses incurred in connection with his providing of consulting services (for example travelling, hotel expenses and other miscellaneous expenses) and with respect to which the Consultant promptly provides to the Company a detailed expense account.

Appears in 2 contracts

Samples: Consulting Agreement (Gain Therapeutics, Inc.), Consulting Agreement (Gain Therapeutics, Inc.)

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